I have done a number of deals with BDC and their predecessor organization over 38 years. There are more BDC Bankers in Canada than cats and dogs. In the last year or so, they seem to have slowed down and not funded many lower mid-market transactions. Their only real competitor is RoyNat.
Why would somebody want to start a company here in Canada? There is a much friendlier business community south of the border. What we have seen recently is companies basically demanding 100% subsidies and then pulling out as soon as they can. Regulations are stringent here, the general population is poorly educated compared to other jurisdictions, there is a culture of complacency, housing is very expensive, the healthcare system is failing, taxes are high, crime is rampant....Mr O'Leary is an entertainment figure; I take him about as seriously as I would take Tucker Carlson (which is to say, not very).
I have done a number of deals with BDC and their predecessor organization over 38 years. There are more BDC Bankers in Canada than cats and dogs. In the last year or so, they seem to have slowed down and not funded many lower mid-market transactions. Their only real competitor is RoyNat.
Why would somebody want to start a company here in Canada? There is a much friendlier business community south of the border. What we have seen recently is companies basically demanding 100% subsidies and then pulling out as soon as they can. Regulations are stringent here, the general population is poorly educated compared to other jurisdictions, there is a culture of complacency, housing is very expensive, the healthcare system is failing, taxes are high, crime is rampant....Mr O'Leary is an entertainment figure; I take him about as seriously as I would take Tucker Carlson (which is to say, not very).
Billions to spend on Defence in Canada? get ready for massive Liberal grift, mismanagement and yes corruption
Kevin O Leary and his alkie wife should be in jail.